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Does the New SECURE Act 2.0 Impact Me?
The Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 was passed by Congress in late 2022. It is designed to encourage Americans to improve their retirement savings plans. Of the many impacts this bill has, here are some of the more important changes that may affect your retirement plans. I actually really like…
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Which Investment Account is Right For Me?
It can be daunting to plan out retirement when there is a seemingly endless number of rules, components, and factors to consider. Because of the complexity of it all, so many put off investing until much later in life, when the greatest potential for long term growth has already passed. As it is important to…
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Should You Rollover Your Old 401k?
After leaving a company, former employees can usually opt to keep their 401K or move the money over into a Rollover IRA. The benefits of rolling over old employer 401ks often outweigh the negatives. 1. Investing Efficiency Most company sponsored 401k plans offer only a small selection of mutual funds, target-date funds and company stock.…
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Why You Might Want to do a Roth Conversion in 2018
The new tax changes for 2018 have many people looking into Roth Contributions and Roth Conversions. The main reason being, with lower tax brackets for the next several years, there is less of a reason for getting tax breaks now, and more of a reason to get tax free growth for the future. No…
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4 Investment Accounts You Need to Have
What investment accounts are available for me? What are the tax consequences of investing? Planning your investments to build a retirement fund can be a dizzying prospect. The various questions, options, details, accounts, and amounts are enough to make anyone’s head spin. It is important to work with an investment coach that can understand your…
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Should you rollover your 401k?
After leaving a company, former employees can usually opt to keep their 401K or move the money over into a Rollover IRA. The benefits of rolling over old employer 401ks often outweigh the negatives. 1. Investing Efficiency Most company sponsored 401k plans offer only a small selection of mutual funds, target-date funds and company stock.…
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Don’t Miss this Investing Tax Credit!
The Saver’s Credit: almost a well-kept secret? It’s becoming increasingly difficult for low to middle-income families to save; however, the IRS allows a Saver’s Credit that could mean a $2,000 tax credit per family. Of course, it depends on the tax filer’s status as well as their adjusted gross income, or AGI. The tax benefit…
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Investment Accounts 101
Planning your investments to build a retirement fund can be a dizzying prospect. The various questions, options, details, accounts, and amounts are enough to make anyone’s head spin. Wouldn’t it be nice if there was a generic recipe for success? A nice neat list of step by step instructions on how to make the best…
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How to Become an Entrepreneur
Everyone wants to be their own boss, make the rules, stop living under the proverbial “man,” but it can be a scary plunge to take. Owning your own business requires financial responsibility and risk that many people aren’t willing to take on, but if you are up for the challenge and are going to chase…
